Question:

# The assets (in billions of dollars) of the four wealthiest

Last updated: 8/12/2022

The assets (in billions of dollars) of the four wealthiest people in a particular country are 32, 25, 24, 19. Assume that samples of size n=2 are randomly selected with replacement from this population of four values. a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined.